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Demand for Digital Cluster | Strategies of Major Industry Competitors

The growing sales of premium cars is one of the key factors leading to the increasing demand for digital clusters, since this technology is majorly being integrated in high-end vehicles. The adoption of premium vehicles has been growing due to the increasing disposable income of people across the globe.

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Demand for Digital Cluster | Strategies of Major Industry Competitors

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  1. Automotive Digital Instrument Cluster Market Size, Key Vendors, Growth Rate, Drivers, Volume and Forecast Report 1 ©P&SIntelligence.Allrightsreserved

  2. As the number of road accidents are increasing rapidly across the globe, the need for making vehicles safer is growing as well. For safe driving, the attention of the driver needs to be on the road at all times; however, the driver also needs to pay attention to other things in the vehicle for driving effectively, among which is the instrument cluster. In order to make things easier, automobile manufacturers are now integrating automotive digital clusters in vehicles instead of traditional instrument cluster, which replace mechanical hardware with virtual options that are drawn on a liquid crystal display. Request to Get the Sample Report@ https://www.psmarketresearch.com/market- analysis/automotive-digital-instrument-cluster-market/report-sample Owing to this, the global automotive digital cluster market is projected to advance at a significant pace in the coming years. The growing sales of premium cars is one of the key factors leading to the increasing demand for digital clusters, since this technology is majorly being integrated in high-end vehicles. The adoption of premium vehicles has been growing due to the increasing disposable income of people across the globe. The sales of Mercedes- Benz model cars grew to 2.29 million and the sales of BMW cars rose by 4.2% in 2017. Since the competition between such companies is increasing, they are becoming more inclined to provide customers with advanced and better solutions. This is due to the surging penetration of AI-based technologies and features in premium cars, including smart parking and heads-up displays. Geographically, the European regions dominated the automotive digital instrument cluster market in 2017. The sales of these products is primarily dependent on the sales of premium vehicles and since, the sales of such cars is high in Europe, the demand for digital instrument clusters in high as well. Other than this, the demand for this technology is also predicted to increase in Asia-Pacific in the near future due to the increasing adoption of electric vehicles. Make Enquiry Before Buying the Report: https://www.psmarketresearch.com/send- enquiry?enquiry-url=automotive-digital-instrument-cluster-market Hence, the demand for automotive digital instrument clusters is growing due to the need for making vehicles safer and because of the increasing sales of premium cars. Market Segmentation by Display Type •Liquid Crystal Display (LCD) •Organic Light Emitting Diode (OLED) •Thin-Film Transistor LCD (TFT-LCD) Market Segmentation by Display Size •5-8 inch •9-11 inch

  3. •More than 12 inches (>12 inch) Market Segmentation by Car •Conventional •Electric oHybrid Electric Vehicle (HEV) oBattery Electric Vehicle (BEV) oPlug-in Hybrid Electric Vehicle (PHEV) Market Segmentation by Car Price •Premium •Medium Market Segmentation by Technology •Artificial intelligence (AI) •Non-AI Market Segmentation by Geography •Europe Automotive Digital Instrument Cluster Market oBy display type oBy display size oBy car oBy car price oBy technology oBy country – Germany, France, U.K., Italy, and Rest of Europe •North America Automotive Digital Instrument Cluster Market oBy display type oBy display size oBy car oBy car price oBy technology oBy country – U.S. and Canada •Asia-Pacific Automotive Digital Instrument Cluster Market oBy display type oBy display size oBy car oBy car price oBy technology oBy country – Japan, China, South Korea, India, and Rest of Asia-Pacific •Rest of the World (RoW) Automotive Digital Instrument Cluster Market oBy display type oBy display size oBy car oBy car price

  4. oBy technology oBy country – Brazil, Russia, and others This study covers •Historical and the present size of the automotive digital instrument cluster market •Major factors driving the market and their impact during the short, medium, and long terms •Market restraints and their impact during the short, medium, and long terms •Recent trends and evolving opportunities for the market participants •Historical and the present size of the market segments and understand their comparative future potential •Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings •Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders •Major players operating in the market and their service offerings •Recent strategic developments by the major players in the market 3 ©P&SIntelligence.Allrightsreserved

  5. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd.

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